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Search Results 0 to 49 of about 92 (some duplicates have been removed)
CNN
Feb 16, 2013 1:00pm EST
a renaissance may be at hand for the u.s. economy? find out right now on "your money." >>> despite a recession in europe, major mergers in the united states show evidence that business is picking up. america could be on the road to prosperity if not for our politicians standing on the way. i'm ali velshi. this is "your money." there's ap economic storm hovering just off our shores. the headwinds are gathering strength as our elected official once again seem prepared to take the american economy to the brink of destruction. this time over a march 1st deadline for the across-the-board government cuts known as the sequester. >> this is not a game. this is reality. >> i don't like the sequester. it's taking a meat axe to our government. >> these steps would seriously damage the fragile american economy. >> still fragile enough that four years after the recession the u.s. economy actually shrank in the last three months of 2012. the storm clouds were ready to blow away and washington basically called them back. >> i think we're all aware that we have some urgent business to do. >> if not for indeci
CNBC
Feb 22, 2013 6:00am EST
about. number one, is it because the economy is better or are they worried about creating an effect. the other thing is, were they trying to make credit so available that they risk ed -- remember they said that yesterday. they were trying to move it out the curve. >> and they were trying to -- >> but then people like santelli would say it they didn't realize what the possible outcome could be. >> ahead of this appearance, i would like to think about the downplays a minute. >> right. and in this latest fed, which is very transparent, a lot of times they've made some moves like this that are talked about and conjectured and all of a sudden they're available to come on. >> i bet he's one of the guys in the room who was making a big stink about where things are headed. >> the other thing that i wonder, given that everybody knows -- >> i think he's been concerned for a while. >> but given that there are minutes and everyone knows there are minutes being taken, i think if you are a hawk in all this, you show up in the meeting and you are as loud and as prod as humanly possible to get your
CNN
Feb 23, 2013 10:00am PST
. >>> an economy poised to soar is now under attack from its own government. i'm ali velshi. this is "your money." your political leaders are punishing themselves for gross inaction. and they're doing it the only way they know how, by targeting you. four government spending cuts take effect march 1st, what washington has been calling the sequester. it's a stupid name for a stupid thing. >> these cuts are not smart. they are not fair. they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not an abstraction. people will lose their jobs. >> you've heard the big numbers. $1.2 trillion in cults over ten years. $85 billion this year. that's 13% cuts to defense, 9% to everything else. >> we're weeks away from the president's sequester, and the president laid out no plan to eliminate the sequester and the harmful cuts that will come as a result. >> the forced budget cuts were created during the 2011 debt ceiling debacle. they were passed by congress and signed by the white house. worst-case scenario that would be so bad it would force lawmakers t
MSNBC
Feb 19, 2013 5:00pm PST
/bowles a serious plan. tonight i'll expose how it's seriously going to kill the economy. liberals, hold your ground. this is "the ed show." let's get to work. >> are you willing to see a bunch of first responders lose their job because you want to protect some special interest tax loophole? >> the president takes his case to the people as the two salesmen for republican austerity are mobbed by protesters. >> pay your share of taxes. >> pay your tax. >> tonight, "time's" michael grunwald, jonathan alter and katrina vanden heuvel on how to dismantle the austerity bomb. >> 10,000 bucks? >>> the godfather of the conservative movement offers romney pocket change to anyone who can save the republican party. i'll show you why it's a lost cause. >>> plus, a virginia pizza shop owner uses a sick promotion to sell pies and push the nra agenda. >>> the beltway press takes their eye off the ball, complaining about bohm and tiger woods. the least popular senator is desperately attacking ashley judd. and david corn, the co-author of "hubris" and co-author of the msnbc documentary tells me what was left out. >> i
MSNBC
Feb 19, 2013 12:00pm EST
that depend on them, or would they rather put hundreds of thousands of jobs and our entire economy at risk just to protect a few special interest tax loophole that is benefit only the healthiest americans and biggest corporations? that's the choice. >> while the cuts would put the gvt government on a path towards a debt reduction, they are inkrimtat or a lot like a meat clever. it would force the f.a.a. to regularly furlough 4,000 workers a day which accounts for more than 10% of its entire staff. 125,000 families would immediately lose rental assistance putting them at risk of homelessness, and the military's health insurance program would face a $3 billion shortfall, meaning retirees and dependents of active soldiers could lose their coverage. as congress heads into the frantic sprint to the deadline next week, how much influence will president obama have on republicans? a month ago the president signalled he would be doing more outreach towards capitol hill or at least more in-home entertaining. >> personal relationships are important, and obviously i can always do a better job and the
CNBC
Feb 20, 2013 6:00am EST
a question on everyone's mind -- how do we get the economy to grow from here? no one knows better than the leaders of corporate america. joining on set this morning, 32 adviser ceo robert wolfe. we'll have hanes celestial ceo irwin simon. and the kraft group president, jonathan kraft. >>> on the lighter side of things, spring is around the corner. that must meantime for baseball. white sox vice president ken williams will join us to talk business on and off the diamond coming up at 8:40 eastern time. >>> an interesting mix of topics in rotation today. first, let's get over to andrew with the top headlines. >> thanks. >>> boeing reportedly found a way to fix battery problems with its grounded 787. here's what's happening. involves increasing the space between cells in the battery. a source tells reuters the gaps between the cells were why there was overheating. we'll talk about that in a bit. >>> in other news on boeing, the company's engineers are split on a contract. the largest professional group approved the planemaker's latest contract offer. but members of a smaller technical unio
CNBC
Feb 21, 2013 6:00am EST
at the pump for the last month. joining us in the next hour, oil man boone pickens. so the economy is at the top of the hour. andrew will get you up to speed on the day's other headlines. >> hedge fund manager david einhorn is taking his apple campaign directly to shareholders. he's going to be hosting a conference call today to argue the merits of distributing hedging preferred stock which, of course, is what this big debate is about. einhorn is battling and seeking an injunction next week to abolish a system for issuing preferred stock. i got a letter overnight from the nation's foundation which has a stake in apple and they are pushing back against david einhorn, something we should probably talk about a little later. >> we will. >> also in the news this morning, boeing is expected to meet with the faa tomorrow and launch a formal plan to get its grounded 787 back into service. the company will be proposing a resign of the dreamliner's batteries. officials say the jets could be back in the air within two months. >>> finally, appear highser bush, inbev want a court to grant a sho
MSNBC
Feb 21, 2013 2:00pm PST
world when you decide chopping down the government and hurting the economy is the smart move. but bring it all down is now the hard right battle cry. slash spending, short the pentagon. crew up traffic control whatever raises the noise level, bashes the democrats and lowers hope. is this the tea party dream? is this john boehner's version of feeding time at the zoo, giving the crazies what they want so they will sit in their seats and behave? is this final payment to insanity the last vestige of what calm republicanism is ready to cough up? but how else can you explain the readiness of the gop leadership to let this fraken stein's monster, it doomsday machine, this sequestration go all out berserk? how else can we understand the party of lincoln doing such economic damage to the republic, such damage and moral to the people. democrat ed rendell and republican michael steele. gentlemen, i want to start with you, michael, because i know you will disagree with me and that's what this is about. i read a lot of good reporting today, not analysis, but good reporting from your side of the aisl
CNBC
Feb 20, 2013 3:00pm EST
this is a significant threat to the u.s. economy. take a listen. >> we know trade secrets can cripple a company's advantage in foreign markets and put american jobs in jeopardy and that strategy coordinates and improves u.s. government efforts to protect the u.s. economy and supports jobs in the united states. >> guys, that's it from here. they are talking about this very much as a jobs issue. back to you. >> eamon, thank you very much. we'll see you later. heading towards the close. setting lows again for the day right now, mandy. the dow is down 101 points. the markets spooked by the fed minutes that showed in the last meeting fed governors and bank presidents were beginning the discussion of when to pull back on some of the monetary easing that they have been going through for the last several years. >> looking here at the tweet from bill gross. many participants concerned about further asset purchases. >> macy's and j.c. penney duking it out in court over which department has the right to sell martha stewart branded products. find out which retailer's stock you're better off shopping for. >
MSNBC
Feb 20, 2013 7:00am PST
. >> will it get done before the economy starts to feel the impact before thousands of people lose their jobs? >> it absolutely should. that would be the responsible thing to do. >> congressman joaquin castro, come back again, it's good to see you. >> i will. >> i want to play a part of what president obama said yesterday about the sequester. take say listen. >> border patrol agents will see their hours reduced. fbi agents will be furloughed. federal prosecutors will have to close cases and let criminals go. air traffic controllers and airport security will see cutbacks. >> the new york times did reporting and found that those things obviously may happen eventually, but march 1st is not going to be some date when all of a sudden everything happens. and they actually think many members of congress have more time to play with. how is that perception playing in to the sense of urgency on capitol hill? >> if the president isn't able to rally the public and build public opinion that this is a bad thing, it's going to be -- i think the public has been told the sky is falling a lot by this congress.
CNBC
Feb 15, 2013 11:00pm EST
can never say it too many times. it means that no one sector, one segment of the economy should ever account for more than 20% of your portfolio. so if you own five stocks, only one could be a tech stock, only one a health care stock, only one a financial, only one can be an energy company only one an industrial and only one can be a food and beverage maker. what if you're not sure? always err on the side of caution. if two stocks trade together, if the underlying companies succeed or fail based on the same factors, then you're not diversified. an oil driller and oil producer, we often get those on wednesday, people think they're different. they're both part of the same sector. software and hardware, they're both techs, like it or not. i'm not doing this to be arbitrary or capricious or make it more difficult now to pick stocks. these aren't vague technicalities. when you get too concentrated in one area the moment something bad happens one to of those big stocks, you're going to want to throw yourself off a bridge because the losses will be enormous. imagine if you owned too many in
FOX News
Feb 16, 2013 2:00am PST
the economy, and restoring credibility to the healthcare system. we are with a group of voters tonight that dayaled his speech and do they think he might have a spot sometime in the future at the white house? that lies ahead. with we welcome the author of "america the beautiful," dr. ben carson. welcome. >> thank you. >> doctor, you have gone viral. maybe not something you predicted in your life? >> yeah. usually in medicine when we think of viruses it's not a good thing. but this one turned out to be very good because i have been just overwhelmed by the responses. so many people are just overjoyed to hear some common sense." and i don't think that i put forth anything that is that intellectual challenging, it's just it's so much better than what we are hearing from washington. but it seems like a great revelation. you know, the important thing i think is to begin the dialogue. you know, some people say, you know, you can't say something like that in front of the president. when did this become a monarchy? we are the people. president works for us. you know, we need to remember that. t
MSNBC
Feb 21, 2013 3:00am PST
people have been coming from mexico. and part of that is the bad economy in the u.s. there's just fewer jobs. part of that is a good economy in mexico. part of it's our enforcement. and of course, drug cartels and the drug war in mexico have played a huge role. >> but james, republicans are going to have to talk about border security, border security, border security to sell the other part of this. we saw john mccain and jeff flake, the two senators from arizona, having to sort of go back and forth and back and forth and slowly move their constituents along. and the way they do that is by talking tough on the border. >> yes. and this is politics playing out. right after the election, even sean hannity said well, maybe i'm for some kind of a border thing. the people in the republican party voting in these republican primaries, they're not sold on this. and i think senator mccain found that when he went back to arizona. it's going to happen time and time again. and they do have to bring them along. >> it's going to be tough in louisiana, too, isn't it? >> very. >> mary landrieu. is mary,
MSNBC
Feb 22, 2013 3:00am PST
're going to cut everything right now, sequestration. it's going to slow down the economy. you've got democrats -- you've got the president running around because he only knows how to do one thing, ask for higher taxes. he's leading with the taxes. we've got to raise more taxes. it's the rich, it's the corporations, tax, tax, tax. i thought we had this debate before. democrats don't seem to understand that taxing americans dampens the economy, hurts small businesses, hurts a lot of americans. republicans don't seem to understand that massive unfocused cuts right now are going to slow down the economy and hurt americans, too. >> you seriously have to wonder whether anyone in washington, in the house, in the senate, in the white house, in the administration, republican, democrat, do they ever go outdoors? do they ever see what happens every day to ordinary americans? people who have been getting crushed economically for the past 10 or 15 years are now getting crushed again, doubly so. the payroll tax has been eliminated. have you checked out the price of gasoline over the past couple of
CNBC
Feb 19, 2013 6:00am EST
't miss pine river's ceo brian taylor. on our radar this morning, we have earnings and the economy. the national home of home builders releases its numbers for fen. after the bell, you have dell that's going to be a focus. the company in the middle of a buyout battle. it's going to be posting quarterly results after the close. our guest hoefs host this morning is sure to have an opinion on all these stories and many others, as well. the always forthcoming ken langone will be joining us on set starting at 7:00 eastern as our guest host for two hours. squawk will be hopping behind the wheel this morning. a week ago, there was a huge controversy that erupted over the tells sla. today our own phil lebeau will be taking the vehicle to boston. we'll get to all this in just a moment. andrew has the morning's top headlines. welcome back. >> thank you, becky. let's talk about the big headlines this morning. the office depot is in talk toes merge with smaller rival office max. expected to be a stock for stokz transaction. the deal could come as early as this week. kayla tousche will be joini
FOX News
Feb 19, 2013 6:00pm PST
are not smart. they are not fair. they will hurt our economy. they will add hundreds of thousands of americans to the unemployment rolls. this is not abstraction. >> sean: the cuts are not fair, they're going to hurt the economy, what the president didn't mention, the sequester, that was his idea in the first place. >> the man who literally wrote about the book about the budget battle. whose idea was the sequester and did you ever think we had he' get to this point? >> first, it was the white house. it was obama and neighbors went to the democratic leader and harry reid and said this is the solution. >> sean: there you have it the plan that the president is calling not smart, not fair, was actually his solution to quote, saving the economy. again, that's not what we heard today at the white house, what we heard was our commander campaigner in chief reverting back into election mode and bla and using pathetic scare tactics to smear the opposition. sound familiar? you've heard the fear mongering, what i'm about to play is only described as obama's mayen apocalypse, have you questioning whether o
MSNBC
Feb 21, 2013 1:00pm PST
the republicans will allow the sequestration into effect. >> they're not necessary. they'll hurt our economy, they'll raise the unemployment rate, and the reason is because congress has in the been able to compromise on a deficit reduction package that's more sensible. ♪ >>> we start with the president who today reached out to republican leaders in congress with just eight days to go before tens of millions of dollars in brutal budget cuts will take effect. and we can only hope that for the sake of the country, republicans have started to listen. because polls out today show that the american people certainly favor the president's approach to the so-called sequester on march 1st. but they find the republican position about as popular as karl rove at a tea party event and that's because this budget battle sounds very familiar. and that's why the president is reaching exactly the same message on these cuts that he campaigned on last year. >> they're not necessary. they'll hurt our economy. they'll raise the unemployment rate, and the reason is because congress has not been able to compromise on a
FOX News
Feb 20, 2013 3:00am PST
't remember that. >> they are not fair and they will hurt our economy and add hundreds of thousands of americans to the unemployment rolls. >> steve: no wonder he doesn't want to take credit for it. new blame game. >> brian: how much does this woman love president obama. so much so voted them for six times. fox and friends starts now. >>> fox and friends, brian, welcome back. where did you do go and did you miss us? >> first off the chinese hacked my blackberry i can't open up any of my emails. i should have put the back on first. >> steve: see if it works? >> gretchen: i thought that congress' approval waiting went up 15%. all right. in the meantime, as he fixes his blackberry let's get positive to a developing story. stay tuned on to fox and friends report. >> they are charging pre-med dated murder. they found steroids in his home. good morning, amy. >> investigators say they found two boxes of steroids and needles in oscar pistorius' home. a sigh, a real sigh went across the courtroom and then the defense says those were actually herbal remedies. then another explosive moment in
MSNBC
Feb 20, 2013 3:00am PST
paid more and have the so-called knowledge economy are able to get more. and then this relentless -- and this is the point, we talk a lot about jobs, we don't talk enough about incomes -- this relentless downward pressure on the average worker competing across the globe, not being able to get wage increases. what's happening with unions. we're now talking about the minimum wage and so forth. and so what's also interesting, if you look at the 2011 numbers which came out, you see something -- a slightly different pattern, which is the bottom 99% still going down, down minus 1.3%. they lost another $150 on their average income. but to your point, willie, the top has actually went down a little bit in that year as well. 0.6% for the top 1%, 6.7% for the top 1%. nobody is going to take up a collection for these guys. they have $23 million of average income. but this is probably a function of the fact that the stock market did not have a great year in 2011. >> those charts, those two combined charts, that is a prescription for social dynamite. i mean, the fuse is burning. >> and the fus
CNBC
Feb 22, 2013 6:00pm EST
weakness in the economy, including another leg down in europe and a possible pause in the great chinese comeback, or if he says things are gotten so terrible that he's got to buy even more bonds, something that drives the conservatives crazy, then look for more days like wednesday and thursday. no matter what we get from all of these earnings. if we didn't have the testimony, then we would be spending the whole week parsing the language of retail as a whole host of them are reporting. for example, is the bullish home repair theme still intact? the one i keep talking about on the show. how about we give a listen to lowe's on monday? and home depot on tuesday. both of these companies have been soaring on the thesis that with housing roaring back people need either to fix up their old house in order to sell it or fix up their new house to improve it. the thesis is it's finally worth it to put money into improving your home because with home prices rising, and they are from the numbers we saw earlier this week, you can get your money back and then some. just like the old days. we'll pay ext
MSNBC
Feb 15, 2013 8:00pm PST
that is effectively transferring money from savers to prop up these banks. that's the real impact to our economy. that's why pension funds are in trouble. it's a real fundamental problem here. >> but we can put on the table both you experts. we've got a senator from massachusetts who is, should we say, unspoiled and ready to do the work of the people on the banking committee. fair enough? >> absolutely. >> absolutely. >> it's going to be fun. martin smith, david cay johnston, great to have you with us tonight. >>> remember to answer tonight's question there at the bottom of the screen. share your thoughts with us on twitter and at ed show on facebook. we want to know what you think. >>> ten years ago, the bush administration lied us into a war. rachel maddow and david corn are here to preview their new special that will make you really look at this story in a whole new different way. stay with us. is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. ya. alright, another one just like that. right in the o
CNN
Feb 19, 2013 1:00pm PST
are not smart, they are not fair, they will hurt our economy, they will add hundreds of thousands of americans to the unemployment roll. people will lose their jobs. the unemployment rate might tick up again. >> cnn chief national correspondent john king is looking at the impact that we can expect from these cuts. >> webster defines sequester as to set apart or segregate. in washington, it's a fancy word for spending cuts. an example of political leaders in both parties are failing to do their most recent job. >> they have doubled down on the cuts i've outlined. >> here's what will happen. $85 billion in federal budget cuts kick in. that's 9% of nondefense spending and 13% of the pentagon budget over the next seven months. what's protected? medicare and social security. so are medicaid and food stamps, military personnel and the v.a. are examined. most federal agencies would make cuts and the white house warns, among other things, furloughs of the fbi, border patrol, and food safety inspections. the president says vital government services would suffer and the economy would weaken. republicans
MSNBC
Feb 18, 2013 3:00am PST
? >> the problem is, you have people on the far right saying splash and burn right now when you have an economy that's actually losing track. that's not workable. on the other side, you have paul krugman and nancy pelosi who say we don't have a spending problem and we don't have to worry about the debt until 2025. actually, you have barack obama and a lot of the senate and certainly most of the people that come on this show, in the middle, saying let's do two things at once. i know there are a lot of republicans that feel that way too. there should be a deal. let's go on and read mark's. >> okay. here's mark in "the daily beast." debt is a drag, a reality you may experience with every credit card bill you open. for a corporation or a government, it can be even more of a drag on economic growth and job creation. yes, at times moderate levels of government borrowing can be good medicine, helping to spur a weak economy and reduce unemployment and sharp increases in deficit spending are expected in extraordinary times during a war or in an economic crisis. but sustained, irresponsible deficit spend
CNN
Feb 18, 2013 4:00am PST
of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. with the bing it on challenge to show google users what they've been missing on bing. let's bing it on. [fight bell: ding, ding] how many here are google users? what if i was to tell you that you would actually like bing way more than google when it came to the results? prove it. let's look up some taco places. i like the left side. yeah? okay, do we need to find out what the waves are like down at the beach? what side do you like better? i like the results on the right. i'm gonna go with the one on the left. oh! bing won! people prefer bing over google for the web's top searches. don't believe it? go to bingiton.com and see what you're missing. >>> welcome back, everybody. 7:30 on the east coast. a man accused of slapping a crying toddler on a delta flight is now out of a job. joe hundley is no longer being employed. the parents of the 19-month-old boy are still in shock. renee marsh following the story from washington, d.c. >> fired, that's
CNN
Feb 21, 2013 4:00am PST
that the iranians will want to be seen as making concessions to the west before then. but iran's economy is really hurting because of these biting sanctions on their oil sector and central bank. take a look at this. in the last year alone, the iranian currency has fallen 80%. so the u.s. and its partners feel maybe the rulers are getting desperate and could seriously negotiate after the elections. in the short term it might be good to get the talks going again and see what iran really wants. >> elise, thanks. >>> coming up, one of the most anticipated retail reports of the year from walmart just into cnn. we'll tell you the numbers and also what it means for the economy when we come back. dermatologist recommended [ ] aveeno has an oat formula, now proven to build a moisture reserve, so skin can replenish itself. that's healthy skin for life. only from aveeno. so skin can replenish itself. how do you keep an older car running like new? you ask a ford customer. when they tell you that you need your oil changed you got to bring it in. if your tires need to be rotated, you have to get that done as
MSNBC
Feb 16, 2013 5:00am PST
are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ ♪ >>> health throw new york. i'm chris hayes. hello from new york. i'm chris hayes. luke burbank of the podcast too beautiful to live. heidi moore of the guardian. this week we got to see the state of the union from president barack obama touching on a whole range of domestic issues as well as turning to some of the foreign policy that -- items on his agenda. i thought the way that he dealt with the difference between his domestic policy call for gun violence and his -- his call on immigration was really, really notable. particularly because those are the two things in the administration now. this was the rallying moment of the state of the union was this very dramatic crescendo around gun violence when he ta
MSNBC
Feb 19, 2013 1:00pm PST
. stimulating the economy, expanding welfare programs and government aid has done nothing to lower poverty levels among blacks and hispanics. it's something a few black thought leaders have tried to tackle. they say that the obama administration has ignored the plight of blacks and the poor in favor of corporate welfare and business interests. this is where conservatives should redirect their attention. a compassionate message combined with empowering and provocative economic policies would be good for the country, good for the poor, and good for the conservative brand. it wasn't that long ago that republicans like jack kemp, newt gingrich, and george w. bush relentlessly advocated for solving poverty. if republicans are smart they will shake off the dust from the democrats war on women campaign. martin, it's all yours. >> it's tuesday february 19th, and republicans, republicans, where for art thou republicans? the president has a message for you. >> if congress allows this meat cleaver approach to take place, it will jeopardize our military readiness, emergency responders, border patrol a
MSNBC
Feb 16, 2013 11:00am PST
the national debt can have on the economy. the director of the group says it's an attempt to reach young people to "call them to action" rather than put them to sleep. it's always nice seeing elderly people dance. >>> senator marco rubio is hailed as the future of the republican party but will it be the same party we know today? questions about a potential fracturing of the traditional gop. >>> first, though, a massive meteor hits earth, leaving scores of people hospitalized. we'll bring you details on the blast in russia. >>> and another space sighting, this one much closer to home, that's after the break. you're watching msnbc, the place for politics. it's been said that beauty is in the ewell...behold. der. behold water so blue it merges with the sky above. behold natural beauty above the sea, and far below. behold smiles so wide they stretch across the face of an entire nation. behold...the islands of the bahamas. a hairline fracture to the mandible and contusions to the metacarpus. what do you see? um, i see a duck. be more specific. i see the aflac duck. i see the aflac duck out of work
MSNBC
Feb 19, 2013 3:00am PST
and prevent another crisis hitting the u.s. economy and focus on pursuing guilty pleas for those who break the law instead of settling for fines and reforms. the lawyers say they're already making changes to their defense strategies. >>> the washingt"washington pos united arab emirates spreading gifts throughout the world. it gave 5 million dollars to build a neonative intensive care hospital in joplin, missouri devastated two years ago. they also donated $1 million to buy laptop computers for the town's students in joplin, among several gifts given by the uae, a country that works to raise its profile as a pro-western country. >> what they've been doing in joplin is amazing. >>> and mississippi has officially ratified the 13th amendment that abolishes slavery. >> that must have been a heck of a clerical error. what's the luck, seriously, that the clerical error would prevent them from ratifying the 13th amendment, could have been the 23rd. >> they ratified it and forget to send it. >> it was passed in 1864 and not formally ratified by mississippi until 1995 making it the last state to do
MSNBC
Feb 16, 2013 8:00am EST
efficiency and add new demand to the economy by putting more money in the pockets of low-wage workers. the common gop -- about the low-wage workers, many are teenage workers, part time with summer jobs. in fact, 84% of the workers that would benefit are over 20 years old and nearly half that would benefit from the federal minimum wage increase are if you-time workers and over 54% have a combined family income of less than $40,000 a year. joining me is arindrajit dube from the university of massachusetts-amherst. great to have you all here. and i'm psyched about getting into the minimum wage literature because it is super -- it is really super interesting. the reason it is interesting and for is the story about how a minimum wage works is one of the basic, you know, u just draw a supply and demand curve and you think about the cost of labor and if you apply it in other places, right, if the government mandated that you had to sell a loaf of bread for over $5, what we would see is a shortage in bread. there would be less bread being sold because you couldn't -- because it would be more
Search Results 0 to 49 of about 92 (some duplicates have been removed)